Shares of American digital technology major Cisco Systems surged on Thursday after the company lifted its annual profit and revenue outlook, buoyed by surging demand for networking gear used in artificial intelligence data centers.The stock rose 7% in Frankfurt trading and climbed nearly 7.5% in after-hours US trading.The networking giant…
Baidu just made its boldest move yet in the race to dethrone Nvidia.The Chinese tech giant unveiled two new AI processors: the M100 and M300, designed to power China’s most demanding AI workloads without relying on US technology.The M100, launching in early 2026, is built for AI inference tasks in…
As the US artificial intelligence (AI) stocks continue their meteoric rise, concerns of an overheated market are prompting investors to look elsewhere.With the dollar showing signs of weakness and tech valuations keeping stretched, UK is emerging as a fertile ground for bargain hunters.Sean Peche, portfolio manager at Ranmore, believes there…
Silver’s rise in the last few sessions has overshadowed gold, with prices hitting yet another record high on Thursday.Experts believe the correction in silver prices has ended, and the current rally has more room to run.Silver prices on COMEX have risen more than $6 since last week, and were trading…
Chinese tech giant Tencent delivered stronger-than-expected third-quarter results, posting revenue of ¥192.9 billion ($27.08B) as artificial intelligence investments and gaming momentum drove growth across its core businesses.The 15% year-on-year revenue jump outpaced analyst expectations, signaling that China’s largest social media and gaming company is successfully monetizing AI while maintaining dominance…
Alibaba Group is repositioning its mobile artificial intelligence strategy with a significant rebrand of its core AI app, as per a Bloomberg report.The existing Tongyi platform will be relaunched as Qwen, named after the company’s proprietary large language model, and redesigned to support advanced agentic capabilities. The move signals a…
AirTrunk, the Australian hyperscale data centre operator acquired by Blackstone Inc. for A$24 billion ($16 billion), is expanding into India as part of its broader Asia-Pacific growth strategy.The move signals India’s growing importance in the global digital infrastructure landscape, driven by accelerating demand for artificial intelligence processing power and data…
Shares of American digital technology major Cisco Systems surged on Thursday after the company lifted its annual profit and revenue outlook, buoyed by surging demand for networking gear used in artificial intelligence data centers.The stock rose 7% in Frankfurt trading and climbed nearly 7.5% in after-hours US trading.The networking giant…
Lloyds share price is closing in on hitting the 100p mark as the multi-year rally gains steam. The stock jumped to a multi-decade high of 95.4p, continuing a trajectory that started in 2020 when it bottomed at 18.56. So, will the LLOY rally accelerate?Why Lloyds share price is soaringLloyds, like…
Baidu just made its boldest move yet in the race to dethrone Nvidia.The Chinese tech giant unveiled two new AI processors: the M100 and M300, designed to power China’s most demanding AI workloads without relying on US technology.The M100, launching in early 2026, is built for AI inference tasks in…